16Th St Vero Beach, FL 32966
- Land
- 5.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 16Th St
- Lot size
- 5.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 5-acre industrial land parcel presents a compelling investment opportunity in Vero Beach, Florida. Located on 16th Street, this property boasts convenient access to major transportation arteries, including the I-95 and SR 60 interchange, ensuring seamless logistics and efficient distribution. The lot is moderately wooded, offering a degree of seclusion while maintaining excellent visibility. Its zoning designation is (IL) Light Industrial, allowing for a variety of potential uses. The property's secluded location on 16th Street provides a low-traffic environment, ideal for storage yards or other businesses requiring ample space and easy maneuverability. County water and sewer services are readily available, simplifying infrastructure development. The 2023 property taxes amounted to $2,577.36. The asking price for this strategically positioned industrial land is $1,195,000. This represents a significant opportunity to acquire a substantial parcel in a rapidly growing area with excellent connectivity and zoning flexibility. Don't miss this chance to secure a prime location for your next venture.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Vero Beach
- County
- Indian River
- State
- Florida
- Longitude
- -80.5321
- Latitude
- 27.6324
